receeve is proud to announce Fly Now Pay Later — UK, US & Europe's only buy now pay later solution specifically for the travel industry — as its latest customer. Fly Now Pay Later is disrupting the world of travel tech and is on a mission to help global travel businesses increase their sales by allowing their customers a flexible payment option at checkout.
In January of 2022, Fly Now Pay Later secured a $75m (£55.2m) debt funding package from Atalaya Capital Management. To accelerate profitability and growth, Fly Now Pay Later is partnering with receeve to drive innovation in its collections and recovery customer engagement.
receeve’s leading collections & recovery technology platform is providing Fly Now Pay Later with a single point of management to orchestrate and optimise the complete collections and recovery lifecycle.
“As Fly Now Pay Later continues to expand internationally, we aspire to provide an enhanced payment recovery experience to our customers. Both our team and our customers will benefit from receeve's maximum flexibility and control. By having one platform that can be easily customised to each market where offer our services, receeve will be supporting our company’s plan of growth and scalability,” commented Jasper Dykes, CEO at Fly Now Pay Later.
receeve’s leading collections & recovery technology platform allows Fly Now Pay Later to integrate data from any system faster, gain insights and maintain compliance. “The Fly Now Pay Later team is embracing a fast-paced global growth plan capitalising on rising travel demand, especially now that travel restrictions have been fully withdrawn. At receeve, we are thrilled to support our new customer’s international expansion and excellent customer focus,” adds Paul Jozefak, CEO & co-founder of receeve.
receeve is reimagining how organisations approach collections as well as recovery and looks forward to the partnership with Fly Now Pay Later, who is disrupting the world of travel tech and is on a mission to help global travel businesses increase their sales by allowing their customers a flexible payment option at checkout.
About receeve
receeve is a fully customisable, all-in-one platform for collections & recovery. We simplify the growing complexity of data and systems and empower in-house teams to easily automate processes, engage customers and apply 360° insights to maximise recovery and minimise risk across every stage of credit management - from pre-delinquency to portfolio assignment or sale. receeve is trusted by market leaders including ABN AMRO, Solaris, Collector Bank, Billie, Multitude, ID Finance, Banxware, and Lichtblick.
About Fly Now Pay Later
Founded in 2015 Fly Now Pay Later is an alternative payments company developed exclusively for the travel industry. Fly Now Pay Later enable consumers to instantly spread the cost of their travel plans, making travel more affordable and payment more flexible. Partnering with leading travel brands, seamlessly integrating into their checkout or driving consumers directly to partners via their D2C app, Fly Now Pay Later use travel data in harmony with credit data to make highly accurate and fully automated credit decisions. For more information visit www.flynowpaylater.com.
